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The yen fell to a 10-month low on Thursday, extending its slide past a key technical level against a broadly stronger dollar. Weak Japanese economic data fueled recession talk, and the yen reached 111.84 per dollar, its weakest since April 2017.
A weaker yen reflects growing concern about Japan and Asian demand from the virus, which can soften import demand for feed and food commodities priced in dollars.
sabcnews.comTshepiso MocheFeb 20, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
